TTM
11.3%
YoY change
+1.15pp
Trough year (2002)
4.4%
Peak year (2025)
11.5%
Latest annual
11.5%
Operating Margin history chart for H.B. Fuller (FUL) from 1985 to 2025
Latest: 11.5%
Operating Margin change chart for H.B. Fuller (FUL) from 1985 to 2025
Latest: +1.15pp
Operating Margin history table for H.B. Fuller (FUL) from 1985 to 2025
| 2025 | 11.5% | +1.15pp | ||
| 2024 | 10.3% | -0.47pp | ||
| 2023 | 10.8% | +2.21pp | ||
| 2022 | 8.6% | +0.80pp | ||
| 2021 | 7.8% | -0.19pp | ||
| 2020 | 8.0% | -0.31pp | ||
| 2019 | 8.3% | +0.19pp | ||
| 2018 | 8.1% | +1.21pp | ||
| 2017 | 6.9% | -2.80pp | ||
| 2016 | 9.7% | +1.51pp | ||
| 2015 | 8.2% | +1.06pp | ||
| 2014 | 7.1% | -2.42pp | ||
| 2013 | 9.6% | +0.95pp | ||
| 2012 | 8.6% | +0.33pp | ||
| 2011 | 8.3% | +0.59pp | ||
| 2010 | 7.7% | -0.99pp | ||
| 2009 | 8.7% | +0.81pp | ||
| 2008 | 7.9% | -2.33pp | ||
| 2007 | 10.2% | +2.76pp | ||
| 2006 | 7.4% | +1.66pp | ||
| 2005 | 5.8% | +0.94pp | ||
| 2004 | 4.8% | -0.65pp | ||
| 2003 | 5.5% | +1.09pp | ||
| 2002 | 4.4% | -2.61pp | ||
| 2001 | 7.0% | -0.47pp | ||
| 2000 | 7.5% | -2.65pp | ||
| 1999 | 10.1% | +1.67pp | ||
| 1998 | 8.5% | +1.70pp | ||
| 1997 | 6.8% | +1.59pp | ||
| 1996 | 5.2% | -0.53pp | ||
| 1995 | 5.7% | -0.61pp | ||
| 1994 | 6.3% | +0.59pp | ||
| 1993 | 5.7% | -1.70pp | ||
| 1992 | 7.4% | +0.68pp | ||
| 1991 | 6.7% | +0.08pp | ||
| 1990 | 6.7% | +0.20pp | ||
| 1989 | 6.5% | -0.61pp | ||
| 1988 | 7.1% | -0.84pp | ||
| 1987 | 7.9% | +0.54pp | ||
| 1986 | 7.4% | +0.77pp | ||
| 1985 | 6.6% | — |
- 202511.5%+1.15pp
- 202410.3%-0.47pp
- 202310.8%+2.21pp
- 20228.6%+0.80pp
- 20217.8%-0.19pp
- 20208.0%-0.31pp
- 20198.3%+0.19pp
- 20188.1%+1.21pp
- 20176.9%-2.80pp
- 20169.7%+1.51pp
- 20158.2%+1.06pp
- 20147.1%-2.42pp
- 20139.6%+0.95pp
- 20128.6%+0.33pp
- 20118.3%+0.59pp
- 20107.7%-0.99pp
- 20098.7%+0.81pp
- 20087.9%-2.33pp
- 200710.2%+2.76pp
- 20067.4%+1.66pp
- 20055.8%+0.94pp
- 20044.8%-0.65pp
- 20035.5%+1.09pp
- 20024.4%-2.61pp
- 20017.0%-0.47pp
- 20007.5%-2.65pp
- 199910.1%+1.67pp
- 19988.5%+1.70pp
- 19976.8%+1.59pp
- 19965.2%-0.53pp
- 19955.7%-0.61pp
- 19946.3%+0.59pp
- 19935.7%-1.70pp
- 19927.4%+0.68pp
- 19916.7%+0.08pp
- 19906.7%+0.20pp
- 19896.5%-0.61pp
- 19887.1%-0.84pp
- 19877.9%+0.54pp
- 19867.4%+0.77pp
- 19856.6%—
Operating Margin values are taken from H.B. Fuller's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at H.B. Fuller (FUL)
According to H.B. Fuller's latest reported financial statements, the company's latest reported operating margin is 11.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for H.B. Fuller (FUL) came in at 11.49% – expanded 1.2 percentage points year-over-year.
The record annual operating margin stands at 11.49%, reached in 2025; the historical low of 4.40% was recorded in 2002.
H.B. Fuller Operating Margin by Year
H.B. Fuller Operating Margin 2025: 11.5%
In 2025, H.B. Fuller reported operating margin of 11.49%, expanded 1.2 percentage points from 2024. This figure represents the highest annual value in the available history.
H.B. Fuller Operating Margin 2024: 10.3%
H.B. Fuller operating margin in 2024 was 10.34%, contracted 0.5 percentage points from 2023.
H.B. Fuller Operating Margin 2023: 10.8%
2023's operating margin for H.B. Fuller came in at 10.81%, expanded 2.2 percentage points from 2022.
H.B. Fuller Operating Margin 2022: 8.6%
H.B. Fuller posted operating margin of 8.60% in 2022, expanded 0.8 percentage points from 2021.
H.B. Fuller Operating Margin 2021: 7.8%
H.B. Fuller operating margin in 2021 was 7.80%.
See more financial history for H.B. Fuller (FUL).
Sector peers by Operating Margin
Basic Materials peers of H.B. Fuller (FUL), ranked by their latest operating margin
| 56.9% | |
| 54.6% | |
| 52.6% | |
| 28.8% | |
| 27.8% | |
| 17.5% | |
| 16.1% | |
| 13.2% |
- 52.6%
- 28.8%
- 17.5%
- 13.2%
Frequently asked questions
H.B. Fuller (FUL) Key Financials
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